Equity Group raises spending on women-owned businesses by 303pc

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Equity Group increased procurement spending on women-owned businesses by 303 per cent to Sh3.72 billion in 2025, as the financial services group stepped up efforts to expand economic opportunities for women, young entrepreneurs and persons with disabilities.

The expenditure, which rose from Sh923.53 million in 2024, formed part of the Group’s total procurement spending of KSh52.79 billion during the year, according to its 2025 Sustainability Report.

Spending on youth-owned businesses also increased by 75 per cent to Sh491.05 million, up from Sh280.67 million in the previous year.

The Group said local procurement remained central to its strategy of supporting domestic enterprises and widening access to business opportunities.

“We are particularly focused on supporting youth-led and women-owned businesses wherever possible.

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